Shore Capital reissued their buy rating on shares of Barclays (LON:BARC) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.
Other analysts have also recently issued research reports about the stock. Goldman Sachs Group set a GBX 200 ($2.61) price target on shares of Barclays and gave the stock a neutral rating in a research report on Wednesday, June 12th. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 220 ($2.87) price target on shares of Barclays in a research report on Tuesday, July 16th. Royal Bank of Canada set a GBX 180 ($2.35) price target on shares of Barclays and gave the stock a neutral rating in a research report on Friday, July 5th. Berenberg Bank reissued a buy rating on shares of Barclays in a research report on Monday, July 22nd. Finally, Jefferies Financial Group reissued a buy rating and set a GBX 280 ($3.66) price target on shares of Barclays in a research report on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of GBX 210.86 ($2.76).
LON BARC opened at GBX 149.22 ($1.95) on Thursday. The firm has a 50-day moving average of GBX 154.47. Barclays has a 12 month low of GBX 145 ($1.89) and a 12 month high of GBX 197.50 ($2.58). The firm has a market capitalization of $26.41 billion and a PE ratio of 7.73.
In other news, insider Crawford S. Gillies bought 30,000 shares of Barclays stock in a transaction that occurred on Thursday, May 9th. The shares were purchased at an average price of GBX 158 ($2.06) per share, with a total value of £47,400 ($61,936.50).
Barclays Company Profile
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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